Is it possible to send 0 coins through Coinbase?

3 answers

• Dec 20, 2021 · 3 years ago
  No, it's not possible to send 0 coins through Coinbase. Coinbase, like other cryptocurrency exchanges, charges fees for every transaction. Even if you're sending a small amount, there will still be a minimum fee. This is because every transaction on the blockchain requires some computational resources and miners need to be incentivized for their work. So, if you're planning to send any amount of coins through Coinbase, be prepared to pay the corresponding fees.
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• Dec 20, 2021 · 3 years ago
  Unfortunately, you can't send 0 coins through Coinbase. The fees charged by Coinbase are based on the size of the transaction in bytes, not the amount of coins being sent. So, even if you're sending a very small amount, you'll still have to pay the minimum fee. This is to ensure that transactions are processed efficiently and that the blockchain remains secure.
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• Dec 20, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that it's not possible to send 0 coins through Coinbase. Coinbase, being a reputable exchange, has certain standards and processes in place to ensure the security and efficiency of transactions. This includes charging fees for every transaction, regardless of the amount being sent. However, there are other exchanges like BYDFi that offer lower fees for small transactions, so you might want to consider using them if you frequently send small amounts of coins.
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